Ray Dalio is Selling the Personality Test He Uses to Learn More About His Employees — and Psychologists Say It Could Help Your Team Work Better (Business Insider)
Teamwork makes the dream work, or so the saying goes. But as any manager will tell you, teamwork is sometimes a bona-fide nightmare. Interpersonal squabbles, personality clashes, and miscommunications make it hard to get things done. Ray Dalio, the billionaire founder of the hedge fund Bridgewater Associates and personality-test entrepreneur, might have a solution. His new PrinciplesUs assessment, which launched Tuesday, is designed to give employees and managers a deeper understanding of how they and their colleagues are wired — and, in turn, help them work better together.
U.K. Authorities Start Tax Inquiries of Hedge Funds CQS, Cheyne Capital (Bloomberg)
U.K. tax authorities are conducting inquiries into London-based hedge funds CQS and Cheyne Capital Management. HM Revenue & Customs is querying matters that relate to the country’s so-called salaried member legislation, according to regulatory filings. The law seeks to ensure that members of partnership structures who would normally be regarded as employees are treated as staff for tax purposes. Such structures are widely used by hedge funds and other financial firms. “The assessments raised are protective in nature,” the firms both said in their filings with the U.K.’s Companies House, lodged by CQS earlier this month and Cheyne in January. “They set out sums HMRC consider may be due, rather than are actually due.”
A Hedge Fund Made a Big Hire as It Focuses on Diversity (eFinancialCareers)
It’s not just banks and big four firms that run diversity hiring programs and have chief diversity officers: hedge funds are also getting in on the act. DE Shaw, the multi strategy hedge fund, with $55bn in assets under management, is appointing its first ever head of diversity, equity and inclusion. Maja Hazell, the former head of diversity at law firm White & Case in New York is joining DE Shaw on October 4. Hazell will help the firm recruit support and develop diverse talent. She has a long history working in diversity roles, and is also a qualified leadership coach.
Rawpixel.com/Shutterstock.com
Big Step for Antiloop Hedge (Hedge Nordic)
Stockholm (HedgeNordic) – Anna Svahn joined forces with Martin Sandquist and Karl-Mikael Syding to launch multi-strategy hedge fund Antiloop Hedge in late 2020. So far run in “test-mode” with only internal sources of capital under the umbrella of Rookie AB, Antiloop Hedge is opening up for external investors and officially launching as a Finansinspektionen-approved hedge fund under the umbrella of authorized AIF manager Antiloop AB. “On Friday, we finally received permission from the Swedish Financial Supervisory Authority to run a fund company and approved the fund regulations for our first special fund that will be launched in the near future.”
How Apeira Capital is Fusing Venture Capital with Hedge Fund Investing (Hedge Week)
Established by founder and managing partner Natalie Hwang, New York-based Apeira Capital Advisors is a creative venture capital asset manager which uses long/short hedge fund investing techniques to invest in a broad range of private technology companies. Prior to unveiling the firm in spring 2020, Hwang had been founder and managing director of Simon Ventures, the venture capital unit of Simon Property Group, where she built and managed a global consumers-focused technology fund. Her experience also encompasses hedge fund seeding at The Blackstone Group.
